Tools
OWS - Optionist Work Station
OWS supports options trading with scanner functions, the VIX curve, 0DTE automation, and IB reporting.
Overview
What OWS is built for
OWS is meant to make options trading easier. That includes the current VIX term structure curve and stock scans for setups such as the ITM covered call strategy.
It also includes a 0DTE automated trader that can launch trades with the selected rules including stop-loss logic. This can be tested in both demo and live accounts.
Live data and order functions require active TWS and API access. The IB Statement Summary Helper works independently.
ScannerITM Covered Call Scanner
Scans stocks and ETFs for the ITM covered call strategy and helps evaluate return, distance, and liquidity faster.
0DTE0DTE Auto Trade Scanner
Monitors defined market conditions and can prepare setups such as bull put spreads, bear call spreads, or iron condors with stop-loss logic.
BacktestOption Omega Backtest Heatmap
Automates parameter sweeps for existing Option Omega backtests, such as take profit against DTE, and displays the results as a heatmap.
OrdersAutotrades
Executes prepared trades through TWS/API. Position size, setup, limits, and stops must be defined before execution.
AnalyticsPerformance Report
Condenses trading data into result, drawdown, win rate, and development over time so the trading history becomes easier to read.
ReportingIB Statement Summary Helper
The IB Statement Summary Helper turns the long report CSV into a compact report with performance data and a suggested tax-filing structure.
This is without guarantee and should be used with great caution. The conversion takes less than 1 second after pressing the button.
VolatilityVIX Term Structure Curve
Shows the structure of VIX futures and helps classify whether the market is in contango, flat structure, or backwardation.